Court Bars CBN From Extending February 10 Deadline
A federal high court has barred the Central Bank of Nigeria (CBN) from suspending or interfering with the currency redesign end date of Febraury 20. This was contained in a judgment delivered by Justice Eneojo Eneche on Tuesday. In a motion filed by five political parties, the court also granted an order directing the Chief […]
Supreme Court Declares Lawan As Yobe North Candidate
The Supreme Court has declared Senate President Ahmad Lawan as the All Progressives Congress(APC) senatorial candidate for Yobe north. The court made the declaration in a three-against-two split of its five-member. The majority judgement held that the decisions of the Federal High Court in Yobe and the Court of Appeal in Abuja were perverse and […]
Tems Becomes First Nigerian Female Singer To Win Grammy
Nigerian singer, Tems has become the first female Nigerian artiste to win a Grammy award. The singer was announced winner in the ‘Best Melodic Rap Performance’ category on Sunday night for her role in ‘Wait for U’, the 2022 hit song by Future featuring Drake. Here is the full list of nominees and winners for […]
BREAKING: Nigerians Wont Lose Old Naira Notes After Deadline-Emefiele
The Central Bank of Nigeria(CBN) Governor Godwin Emefiele says Nigerians wont lose the old naira notes after the February 10 deadline. Emefiele said this after meeting with the House of Representatives ad hoc Committee on Tuesday He said while the old notes cease to be legal tenders after the expiration of the deadline, Nigerians can […]
BREAKING: CBN Extends Deadline For Old Naira Notes To February 10
The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10. This was made known in a statement issued on Sunday by the apex bank. Godwin Emefiele, the CBN governor, said the new deadline is February 10, 2023. The bank also gave a grace period till […]
First Bank, GTCO open Saturday, Sunday to collect old naira notes
First Bank of Nigeria Limited and Guaranty Trust Bank (GTBank) say their branches across the country will be open on Saturday and Sunday to receive old N200, N500, and N1,000 notes. First Bank and GTBank made this known via a notice to their customers on Friday. “This is to notify the general public that all […]
BREAKING: Tribunal Declares Oyetola As Winner of Osun Governorship Election
The Osun State Governorship Election Petition Tribunal sitting in Osogbo has declared candidate of All Progressives Congress (APC) , Governor Gboyega Oyetola as the duly elected governor of the state. On July 17, the Independent National Electoral Commission(INEC) declared the candidate of the Peoples Democratic Party(PDP), Adeleke as the winner of keenyl contested election But […]
In Valuejet, passengers comfort is priority number one – Captain Majekodunmi
Captain Dapo Majekodunmi is the Managing Director of Valuejet, a start-up Nigerian airline. In this interview, he said the aim of the airline is to ensure that passengers get the best for their airfare through flawless and efficient service the carrier has set to offer. As a budding airline, what are those things that stand […]
Emefiele, CBN and Our Future By Reuben Abati
At some point later today, January 24, the governor of the Central Bank of Nigeria, Godwin Emefiele, is bound to be back in the news as the CBN’s monetary policy committee (MPC) concludes its 289th meeting and offers its position on the future direction of the country’s macro-economic environment. Would the CBN adopt a further […]
CBN Raises Interest Rate To 17.5%, Insists On January 31 Deadline For Old Notes
The Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 16.5 percent to 17.5 percent to rein in inflation “aggressively”. The CBN Governor, Godwin Emefiele, announced this after the apex bank’s Monetary Policy Committee (MPC) meeting in Abuja on Tuesday. The MPC raised the monetary policy rate […]
